Hyderabad-Based CtrlS Secures ₹7,000 Crore Investment from CPP Investments

Hyderabad, June 17, 2026: CtrlS Datacenters, one of India’s leading data center operators, has announced a strategic investment partnership with Canada Pension Plan Investment Board (CPP Investments), involving a total commitment of up to ₹7,000 crore (C$1 billion).

As part of the transaction, CPP Investments will invest ₹4,000 crore (C$588 million) to acquire an 8.2% stake in CtrlS Datacenters. In addition, the two organizations will establish a joint venture to develop hyperscale data center campuses across India. CPP Investments has committed up to ₹3,000 crore (C$441 million) to the venture and will hold a 48% equity stake, while CtrlS will retain 52%.

The partnership is aimed at accelerating the development of next-generation, AI-ready digital infrastructure to meet the growing demand from hyperscalers, cloud service providers, and enterprises across the country.

“The demand signals from hyperscalers, cloud service providers, and enterprises are clear and unmistakable. With CPP Investments, we are not merely expanding capacity but also establishing the benchmark for AI-ready infrastructure in one of the world’s most significant digital markets,” said Sridhar Pinnapureddy, Founder and CEO of CtrlS Datacenters.

Max Biagosch, Senior Managing Director and Global Head of Real Assets at CPP Investments, highlighted India’s strategic importance in the company’s global data center investment portfolio.

“As one of the world’s fastest-growing digital markets, India represents an important pillar of CPP Investments’ global data center strategy. This investment builds on more than a decade of investing in India and the strength of our local platform,” he said.

CPP Investments first invested in India in 2009 and established its Mumbai office in 2015. As of March 31, 2026, the organization held more than ₹1,850 billion (C$27 billion) in net assets in India, making it one of the country’s largest international institutional investors.

Founded in 2007, CtrlS Datacenters currently operates 19 data centers across nine major markets in India, with more than 370 MW of operational capacity and approximately 4.4 GW of projects under various stages of development.

Industry observers view the investment as a significant vote of confidence in India’s rapidly expanding digital infrastructure sector, driven by increasing adoption of artificial intelligence, cloud computing, and data-intensive technologies.